ARMIDALE MANUFACTURING COMPANY EXHIBIT 1: INCOME STATEMENT, JULY 1 TO JUNE 30 (IN AUS) 2017-18 2018-19 2019-20 Sales Cas
Posted: Sun Apr 17, 2022 6:58 pm
COMPANY EXHIBIT 1: INCOME STATEMENT, JULY 1 TO JUNE 30 (IN AUS) 2017-18 2018-19 2019-20 Sales Cash 31,235 74,964 124,941 Credit 281,118 674,683 1,124,472 312,353 193,659 118,694 749,647 442,292 307,355 1,249,413 749,648 499,765 Total sales Cost of goods sold Gross Profit Operating Expenses: Salaries and wages General, administration and selling expenses Depreciation Interest expenses (on borrowings) Net Profit Source: AMC's financial statement 52,000 9,995 15,617 4,764 36,318 93,000 56,224 62,470 7,704 87,957 115,000 124,941 103,076 15,588 141,160
ARMIDALE MANUFACTURING